12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 11 (Non-Negotiable Instruments)

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ICOM Part 2 English Medium Principles of Banking Chapter 11 MCQ's Test

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ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

Online MCQ`s Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 11 Online Test"

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  • Total Questions15

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Principles of Banking Icom Part 2 English Medium Chapter 11 Online Test

00:00
Question # 1

Which of the following is a non-commercial letter of credit

Question # 2

Which letter of credit is issued for a single or particular transaction:

Question # 3

What does the bank receive on issuing a letter of credit:

Question # 4

Which of the following is an order of payment by one post office for another post office

Question # 5

Which of the following parties of a letter of credit is called beneficiary

Question # 6

What does IOU mean

Question # 7

Which of the following can be cancelled by the issuing bank without the consent of the other parties

Question # 8

Commercial letter of credit is issued for the facilty of:

Question # 9

The important types of banker's letter of credit:

Question # 10

Which of the following is used to finance the people who want to travel abroad

Question # 11

What is the nature of credit instrument IOU

Question # 12

Where are the stock certificates sold and bought

Question # 13

If there is no guarantee to honour a letter of credit then it is called:

Question # 14

I Owe You is a written instrument drawn by

Question # 15

Which letter of credit is accompanied by some documents

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Principles of Banking
11th Chapter

ICOM Part 2 English Medium Principles of Banking Chapter 11 MCQ's Test

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